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Between World War I and World War II, Germany suffered "hyperinflation," whereby its currency essentially became worthless. The causes of this are numerous and complex, but most economics to ascribe the currency crisis to the financial strain of war reparations under the Versailles Treaty, which prevented the country from reinvesting in its industry and agriculture so that it could recover from the devastation of World War I.

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Q: How did German currency lose its value?
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Does paper currency lose value if written on in black marker?


What will happen to the import if the exchange rate increase?

Usually, the currency will depreciate (lose value).

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Currency gets its Power from the People who accept it. If you lose faith in the ability of the Government to stand behind a currency its value decreases, or can become ZERO. If you want to buy something from me and I refuse to accept your Currency, and demand Gold, what is the Currency's value...well Zero for this transaction.

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currency is subject to price fluctuation. A company could lose money if the value of the foreign currency is reduced before it can be exchanged into the desired currency

How much is a ten pfennig?

A pfennig was one hundredth of the German unit of currency, the DMark. Since this was replaced by the Euro, a pfennig has no currency exchange value.

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German currency in 2017 is the Euro.

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Germany and Australia never collaborated to produce any currency.

What is the definition of the German word pfennig?

it is an old currency penny like the old value of a farthing in England

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The German currency from 1924-1948 was the Reichsmark (abbreviated RM).

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The currency of Germany is the Euro (€).

What was german currency called during the holocaust?

ANSWER From 1924 up to 1948 the German currency was called Reichsmarks.

What currency was in World War 2?

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